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New Delhi, Feb 28 (ANI): Prime Minister Narendra Modi on Saturday congratulated Finance Minister Arun Jaitley for union budget that is 'farmer and poor friendly'. Modi said that the budget addresses issues of farmers and senior citizens and also has provisions on pensions among other things. Jaitley today presented the annual budget 2015-16 in Lok Sabha where he also said that NDA is a 'round the clock, round-the-year government'.Feb 28, 2015

New Delhi, Feb 28 (ANI): In a major party reshuffle, Trinamool Congress leader Mukul Roy was on Saturday removed from the post of all India general secretary of TMC. Roy said that it is the prerogative of party to constitute and reconstitute and that the power lies with the Chairperson. However, Roy declined the reports of him joining the BJP. Reportedly, West Bengal Chief Minister Mamata Banerjee had called for an urgent meeting at her residence after reports of Roy's meeting with the Finance Minister Arun Jaitley had surfaced. Roy was not present at the party meeting. Thereafter, Roy was stripped from the post of All India General Secretary.Feb 28, 2015

New Delhi, Feb 28 (ANI): Finance Minister Arun Jaitley, who is presenting the Union Budget for fiscal 2015-16 in the Lok Sabha, proposed to create a national agriculture market to increase farmers' income. Jaitley said that an ambitious soil health card has been introduced to improve soil fertility. He also proposed to allocate Rs. 25,000 crore in 2015 to rural development fund. Jaitley added that the budget ensures that it is banking the unbanked, and funding the unfunded.Feb 28, 2015

New Delhi, Feb 28 (ANI): Political leaders reacted as Union Finance Minister Arun Jaitley concluded the General Budget for 2015-16 in the Lok Sabha on Saturday. Kamal Nath said that the budget only gives relaxation to corporate and rich administrations. Ashwani Kumar, Mallikarjun Kharge and PC Chacko said that there was nothing new in the Union Budget worth praising. Chacko also added that the Finance Minister has only included some previous schemes set up by UPA but he should have acknowledged the previous government for that.Feb 28, 2015

New Delhi/Mumbai, Feb 28 (ANI): Market experts on Saturday applauded Finance Minister Arun Jaitley's Union budget 2015-16. Market Expert Sunil Shah said that it is a good budget and that Prime Minister Narendra Modi-led government has started to implement the promises they had made during the general elections. FICCI's Former President Sidharth Birla called it a 'balanced budget'. He added that the budget talked about less governance which will have good impact in the long run.Feb 28, 2015

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley while presenting the budget in the Lok Sabha on Saturday asked rich and wealthy to pay higher tax. Jaitley abolished the wealth tax but increased the surcharge to 2% on individuals earning Rs 1 crore and above annually and on firms with an annual income of Rs 10 crore or more.Feb 28, 2015

New Delhi, Feb 28 (ANI): Prime Minister Narendra Modi on Friday said the Union Budget for 2015-16 is a budget with a clear vision, and one that is progressive, positive, practical, pragmatic and prudent. "Budget 2015 has a distinct focus on farmers, youth, poor, neo-middle class and the Aam Nagrik. It delivers on growth, equity and job creation," Prime Minister Modi tweeted. "Budget is investment friendly and removes all doubts on tax issues. It assures investors that we have a stable, predictable and fair tax system," he added. "From housing for all, jobs, health, education and total electrification, FM laid down goals to be achieved by 2022, India's Amrut Mahotsav ," he tweeted. Prime Minister Modi congratulated Jaitley for doing an excellent job in respecting the aspirations of the states and at the same time delivering on national priorities.Feb 28, 2015

Visakhapatnam, Feb 28 (ANI): India's Naval Science and Technological Laboratory (NSTL) put out its best machinery at display in an exhibition to celebrate National Science Day in Visakhapatnam. NSTL, a premier underwater systems laboratory of country's Defence Research and Development Organisation (DRDO), organised a two-day open house-cum-exhibition themed 'Science for Nation Building' to commemorate Nobel laureate CV Raman's birth anniversary. Director of Naval Science and Technological Laboratory (NSTL), CD Malleswar, said the objective of expo is to generate interest among students. The visitors had a walk around advanced scientific test facilities such as high-speed towing tank, cavitation tunnel, wind tunnel, sea-keeping and manoeuvring basin, shock, noise and vibration test, shock tank, anechoic room, vibration exciters, CNC machine centre, and Radar Cross Section measuring instrumentation. A film depicting various advances in technologies was also screened at the auditorium.Feb 28, 2015

New Delhi, Feb 28 (ANI): BJP President Amit Shah on Saturday lauded the Union Budget 2015-16 and said that it would provide both social security and eliminate poverty. Congratulating Prime Minister Narendra Modi and Finance Minister Arun Jaitley, Shah said that the budget is 'lower class friendly' budget and that it contains 'Jan Dhan Yojana' for the poorest of the poor. The BJP president also welcomed the announcement of strict law enforcement on black money saying that it will help in identifying black money stashed abroad.Feb 28, 2015

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in Lok Sabha on Saturday. Aiming to up employment generation, Jaitley proposed the reduction of basic rate of corporate tax to 25% from current 30% over the next four years, accompanied by fewer exemptions. He further proposed to enact a comprehensive new law on black money to bring back black money stashed abroad. The budget estimates of expenditure announced by the government was 77 lakh crore, of which Non Plan was 13.12 lakh crores, and Plan was 4.65 lakh crores. PAN number quoting was made compulsory in the Union Budget for transactions for more than one lakh.Feb 28, 2015

New Delhi, Feb 28 (ANI): Asserting that the Union Budget has historically become a significant opportunity to indicate the pace and direction of India's economic policy, Finance Minister Arun Jaitley on Saturday said the NDA-led by Prime Minister Narendra Modi is a 'round the clock, round the year government'. Presenting the NDA Government's first full-fledged budget in the Lok Sabha today, Jaitley turned lyrical and said that much more needs to be done for the improvement of Indian economy. He also introduced various tax reforms. Jaitley further said that his proposals, therefore, lay down the roadmap for accelerating growth, enhancing investment and passing on the benefit of the growth process to the common man, women, youth and child; those whose quality of life needs to be improved.Feb 28, 2015

Russians gather at a bridge near the Kremlin to mourn the death of the opposition leader who was shot the night before. The pile of flowers, marking the spot where he was killed, continues to growFeb 28, 2015

New Delhi, Feb 28 (ANI): Politicos on Saturday hoped that the Union Budget for fiscal 2015-16 will be a progressive one. Arun Jaitley is presenting his first full-year budget in Parliament today, seeking to put the country on a path of 7-8 percent growth over the next two years. The 2015-16 Budget is being billed as a 'make-or-break' event for Prime Minister Narendra Modi's eight-month-old government. It is expected to give a big push to Prime Minister Modi's 'Make in India' campaign, with tax breaks and other incentives for several sectors.Feb 28, 2015